31-October-2026
Corporate News
 
$50 bn Arabian Sea corridor could rewrite Gulf energy security — but it’s still just talk
30-Oct-2026

The West Asia conflict has thrown global energy corridors into turmoil — with oil prices skyrocketing amid a series of deadly attacks. Brent crude hit $117 last week as Iran ramped up its attacks against tankers transiting the Strait of Hormuz and the Persian Gulf. Meanwhile, Houthi rebels have extended their control along the Red Sea to pressurise transit through the Bab al-Mandeb Strait.

News Source:- https://www.financialexpress.com/business/news/50-bn-arabian-sea-corridor-could-rewrite-gulf-energy-security-but-its-still-just-talk/4372416/?ref=business_hp